Imageware Systems Inc's Business Segments
Imageware Systems Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Annual Results
Revenue by Product & Service Category -
- Maintenance83.7%
- Product27.3%
- Software and Royalties12.3%
- Hardware and Consumables9.3%
- Service5.8%
Revenue by Product & Service Category -
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Maintenance | $ 3 | 83.7% |
| Product | $ 1 | 27.3% |
| Software and Royalties | $ 0 | 12.3% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
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Description of Imageware Systems Inc
The Company is a pioneer and leader in the emerging market for biometrically enabled software-based identity management solutions. Using those human characteristics that are unique to us all, the Company creates software that provides a highly reliable indication of a person’s identity. The Company’s “flagship” product is the patented IWS Biometric Engine®. The Company’s products are used to manage and issue secure credentials, including national IDs, passports, driver licenses and access control credentials. The Company’s products also provide law enforcement with integrated mug shot, fingerprint LiveScan and investigative capabilities. The Company also provides comprehensive authentication security software using biometrics to secure physical and logical access to facilities or computer networks or internet sites. Biometric technology is now an integral part of all markets the Company addresses and all of the products are integrated into the IWS Biometric Engine.
Imageware Systems Inc. offers a comprehensive range of identity management solutions that primarily focus on biometrics and secure credentials. The companys products and services facilitate a complete and interoperable identity management ecosystem, providing users with the necessary tools to efficiently manage identity verification, credential issuance, and access control processes. The solutions are designed to enhance global communication, optimize security measures, reduce identity fraud, and protect personal privacy across various sectors, including government, law enforcement, banking, healthcare, retail, and more.
Product and Service Segments
Imageware Systems Inc. categorizes its offerings into three main market segments:
1. Biometrics
2. Secure Credential
3. Law Enforcement and Public Safety
These products can either function as standalone components or be integrated into comprehensive end-to-end solutions, allowing for scalability and flexibility in identity management. Below is an extensive look at the various products and services within these segments:
1. Biometrics
The biometric product line comprises several innovative solutions designed to enhance identity verification through various biometric modalities.
- GoMobile Interactive™ (GMI):
- Launched in July 2013, GMI is a mobile biometric identity management platform that allows for seamless biometric security integration on Android and iPhone operating systems.
- It comprises a standalone application and an SDK for integration with existing applications.
- Targeted verticals include mobile banking, healthcare, and retail.
- GMI supports multi-modal biometrics and offers dynamic information gathering through secure interactive surveys.
- IWS Biometric Engine:
- A highly flexible multi-biometric identity management platform capable of managing large population databases.
- Supports various biometric types, such as fingerprint, face, iris, voice, DNA, and more, without being hardware or algorithm-dependent.
- Scalable and capable of performing 1:1 verification, 1:N identification, and more, suitable for applications including criminal background checks, border control, and access management.
- Available as an SDK for custom configurations and integrated solutions.
- IWS PIV Management Application:
- Part of the enterprise server product suite designed to manage the Personal Identity Verification (PIV) lifecycle.
- Provides a web-based graphical user interface for workflow management and interacts with various server functions.
- IWS PIV Middleware:
- A NIST-certified library that enables interoperability between hardware card readers and software applications, compliant with FIPS-201 standards.
- IWS Desktop Security:
- An authentication management platform that provides an additional layer of security for networks and workstations, supporting multiple authentication methods.
- IWS Biometric Quality Assessment & Enhancement (IQA&E):
- A solution for image enhancement and assessment, ensuring high-quality biometric images necessary for effective identification while maintaining integrity.
Secure Credential
The secure credential segment comprises functionalities that manage and enhance the issuance and security of identification credentials.
- GoVerifyID®:
- An enterprise-grade multi-factor biometric authentication solution that seamlessly integrates with existing Microsoft infrastructures.
- Mobile workforce-friendly, enabling authentication away from the corporate network.
- Backward compatibility with several Windows versions and capable of processing large transaction volumes.
- IWS Card Management System (CMS):
- A holistic solution for managing the lifecycle of smart card issuance, encompassing biometric enrollment and identity proofing capabilities.
- Facilitates centralized or distributed credential issuance, customizable workflows, and integration with existing security infrastructure.
- IWS EPI Suite:
- An ID software solution designed for the efficient production, issuance, and management of secure credentials and identity cards.
- Enables organizations to track and issue multiple cards per individual with minimized data redundancy, ensuring compatibility with existing security systems.
Law Enforcement and Public Safety
In this sector, Imageware Systems Inc. provides tailored solutions that equip law enforcement agencies with advanced tools to manage identities securely and effectively.
- IWS Background Server:
- Specifically designed for government and law enforcement operations, supporting biometric identity proofing and vetting processes before credential issuance.
Summary of Benefits
Imageware Systems Inc.’s identity management solutions bring numerous advantages, including:
- Enhanced security through advanced biometric verification and issuance of tamper-proof credentials.
- Improved efficiency by integrating multiple identity management processes into a single vendor ecosystem.
- Reduction of identity fraud by ensuring reliable identity proofing and vetting mechanisms.
- Protection of personal privacy through state-of-the-art technologies and strict adherence to privacy standards.
Additional Considerations
The solutions offered by Imageware Systems Inc. are scalable and designed to integrate with various existing infrastructures, making them suitable for a wide range of sectors that prioritize security and identity verification. Overall, Imageware Systems Inc. stands out as a provider of versatile and robust identity management solutions that cater to both governmental and commercial entities.
